Singapore
Financial transactions grew by 40% in Q1: OCBC
Customer usage of digital banking services increased.
Financial transactions grew by 40% in Q1: OCBC
Customer usage of digital banking services increased.
CapitaLand Retail China Trust's tenant sales down 42.5% YoY in Q1
Only 34% of its stores were open on 15 February.
Sensorflow bags $11.83m in series A+ funding
Funds will be used in developing solutions for HVAC systems.
Vision Consulting enters into Covid-19 solutions business
Firms says new product lines will address a range of medical needs.
Opening the door to better digital banking experiences for Singapore's customers
The five new virtual banking licenses that the Monetary Authority of Singapore (MAS) intends to award this year promise to contribute significant enhancements to customers’ experiences with the country’s financial institutions. The companies that secure the licenses will likely introduce new services to spur fintech innovation from traditional banks and help small and medium sized enterprises (SMEs) reach previously unbanked consumers across Southeast Asia.
FCT's NPI down 1.3% to $35.96m in Q2
Growth in property expense outpaced revenue growth during the quarter.
Interest in remote working soared nearly 15,000%
Key tech trends identified across articles in Singapore media.
ST Engineering subsidiary to issue $1.07b notes on 29 April
The notes will be issued under the $5b medium-term note programme.
Sino-Singapore Tianjin Eco-City land plot sold for $236.4m
Sunac China Holdings won the bid through Tianjin Sunac Real Estate.
China's Sinopec in talks to buy stake in Hin Leong's terminal
The sale could provide much needed cash for the family-owned oil giant.
Big three banks' $871.5m Hin Leong exposure adds to loan pressures
More than 17,000 mortgagees have applied to defer their mortgage payments.
Daily Briefing: PE firm Northstar makes first close of its $1.14b fifth fund; Tenants frustrated on lack of rental rebate information
And visits to four popular markets to be restricted based on identification card numbers.
Daily Markets Briefing: STI down 0.07%
SGX led the gains amongst top active stocks with a 1.21% expansion.
Chart of the Day: 400,000 sqft of retail property supply set for 2020
Most of the upcoming supply will be located in the city fringe.
Keppel-led consortium nabs $1.5b contract for Tuas Nexus waste management facility
They will build waste-to-energy and materials recovery facilities.
SGX RegCo grants extensions to release full year unaudited results
The revised circuit breaker period will affect issuers whose full-year ended before it.
Suburban prime retail rents rose 0.3% in Q1
Travel bans and circuit breaker measures could further affect retail.